Canada

CANADA - The Canada Pension Plan Investment Board (CPPIB) has acquired a 50% stake in a portfolio of commercial real estate portfolios owned by Oxford Properties Group, an Ontario Municipal Employees Retirement System (OMERS) company, for CAN$1bn.

CANADA - The Ontario government's move to end mandatory retirement could put employees' benefits at risk, warns CUPE Ontario.

CANADA - The Office of the Superintendent of Financial Institutions Canada (OSFI) is to pay "increasing attention" to how the financial institutions it regulates manage reputation risk.

CANADA - Standard & Poor's has laid out its transition plan for the addition of income trusts to Canada's standard equity index, a change that will require close attention from Canadian pension funds.

CANADA - The Ontario government has introduced legislation to parliament that would end mandatory retirement at age 65.

CANADA - The Ontario government's proposed autonomous governance model for the CAN$35.7bn Ontario Municipal Employees Retirement System (OMERS) has been criticised by the Canadian Union of Public Employees (CUPE).

CANADA - The Canada Pension Plan Investment Board (CPPIB) has partnered with a North American real estate company to acquire all of the shares of commercial real estate company O&Y Properties and the assets and liabilities of its Real Estate Investment...

CANADA - Two Ontario pension funds, through their part stake in gas company Scotia Gas Networks (SGN), have acquired the Scotland and South of England gas distribution networks from National Grid Transco for CAN$7.25bn.

CANADA - The Ontario government has proposed new legislation that would hand the governance of the CAN$35.7bn Ontario Municipal Employees Retirement System (OMERS) directly to the fund.

CANADA - The Canadian government is mulling the idea of establishing a federal pension guarantee fund on the lines of the Pension Benefit Guarantee Fund (PBGC) in the US and the Pension Protection Fund (PPF) in the UK.